Section 8 Fair Market Rent (FMR) for ZIP 76877 - 2027

Location: San Saba County, TX | Metro: San Saba County, TX

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$860
1 Bedroom$900
2 Bedrooms$1,130
3 Bedrooms$1,370
4 Bedrooms$1,630
5 Bedrooms$1,891
6 Bedrooms$2,118
7 Bedrooms$2,287
8 Bedrooms$2,401

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
4,111
Median Household Income
$53,500
Housing Units
1,940
Renter Percentage
32.0%
Occupancy Rate
79.2%
Renter Occupied
491

The market in ZIP code 76877 presents a dynamic environment that is indicative of housing pressures reflective of broader national trends. With a Fair Market Rent (FMR) set at $1,030 for the fiscal year 2026, it aligns closely with the current market rent of $944, as reported by the Census American Community Survey (ACS). This suggests that the rental market is relatively stable and that rents are not significantly inflated or deflated compared to what is considered fair.

The low price-cut share of 0.1% indicates that landlords are generally not needing to reduce their asking prices to attract tenants, which can be interpreted as a sign of strong demand relative to supply. However, the lack of data on days on market (DOM) makes it difficult to conclusively determine whether there is an oversupply or undersupply of rental units. Despite this, the median home value of $195,687 provides insight into the overall affordability of the area, suggesting that homeownership remains accessible to many residents.

A key indicator of long-term housing pressure is the 32.0% share of renters in the area. This percentage implies a substantial portion of the population is租房者,这表明该地区存在长期的住房压力。租房者的比例较高意味着许多人可能负担不起购房成本,或者更倾向于租赁而非拥有房产。这种动态可能会持续吸引寻求可负担租金单位的新租户和投资者。

总结来说,ZIP代码76877的市场显示出强劲的需求,租金接近公平市场租金,很少有房东需要降价以吸引租户。虽然缺乏关于市场上房屋挂牌天数的数据,但较高的租房者比例和相对适中的房价表明该地区存在持续的住房压力,这对小规模投资组合的房东和投资者来说是一个值得关注的市场。

Data Sources: FMR data from HUD (2027). Demographics from U.S. Census (2024).

About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.